Hi Ethan, I have been BRRRR-ing in Milwaukee for over a decade and after 2016-2018 or so I had to work increasingly harder to make deals work (much more complex rehabs: mold, foundation issues etc).

Section 8 can be a profitable and reliable resource but it is 'their ball, their court' so know the rules first.

The process for commercial properties is basically the same as residential properties, so it takes work.Again, echoing Dominic, a good investment is a good investment, whether you spent 8 months courting an owner to get them to sell to you, or whether it is on CBRE/Cushman/Marcus/Loopnet or any other brokerage website.  

Also if you need to go to court, usually its small claims and you don't need to hire a lawyer.7) Figuring out how to accept rental payments - most Class A tenants won't want to mail you a check.

The rules are more complex than we can fully explain in an online forum.

In that case, you’d typically need to file a legal challenge, which could involve going to court and showing that the restriction is unnecessary or unreasonable.The best advice I can give would be to consult a real estate attorney to understand your specific situation and options.

They'll fight tooth & nail in court to keep a full accounting hidden, even to the point of claiming protected work related.

Squatters can now be locked out of a property and their possessions removed, but a landlord CANNOT physically remove the squatters themselves.The local police are supposed to enforce these laws and assist landlords in removing squatters.The reality is that when you call the Detroit Police to remove squatters:1) The police often don’t know/care about squatter laws and state you must take the squatters to court to evict them.

I'd be surprised if the complex doesn't have individually metered units so you may be able to eliminate the utility expenses unless those are for common areas like walk ways, parking lot or laundry.

I’m wondering if the influx of newer apartment complexes near campus has shifted the supply and demand balance.